Well with a good pull back like we just saw here in the NDX I would normally say be careful of a retest of todays
highs sometime tomorrow early tomorrow. But because this is not always easy here is my caveat.
.. if the NDX should sell down a little more here before the close it could actually trigger a GAP down
because of a set up on my 23m chart.
But at this time the market is still ST slightly bullish but not as much as yesterday, watch for a further correction in the next few mins. because it should be telling.
Best
P.S at this time, for a short term trade tomorrow morning, think about buying any gap down around 10:30-10:50 pst if we see it.
Edited by Mr Dev, 11 January 2007 - 03:40 PM.